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LATEST NEWS & EVENTS Consumers 'should take steps to insure gold items sufficiently'  Those keen to obtain the best insurance cover for valuable possessions might have noted one organisation's assessment that gold jewellery might be hugely underinsured at present. NFU Mutual asserted that the rising price of gold in recent years has seen the doubling of its street value. And the average value of the rarity in UK homes is approximately £1,100, which may necessitate the need to get appropriate cover in place. Paul Richardson, home insurance specialist at the firm, explained: "Sentimental items such as engagement rings and heirlooms passed down through the family are typically underinsured as many current owners have never had them valued." Given the fact that such valuables can comprise a large chunk of home contents insurance, it may be advisable for consumers to get the opinion of a professional. Meanwhile, a spokesperson for the Association of British Insurers highlighted that many people due to embark on their higher education adventure should obtain the right cover for items such as iPods and laptops. Posted by James Walsh 
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